Jamal
๐ค SpeakerAppearances Over Time
Podcast Appearances
But as a result, people like him, meaning great entrepreneurs, can spend all their time thinking about what to build. Not tax optimization. Exactly. Or how to account for it. So could you imagine if these guys basically use Doge as a mechanism to shrink the tax code, create a flat tax potentially? I know that that has to be passed by Congress. I understand that.
But as a result, people like him, meaning great entrepreneurs, can spend all their time thinking about what to build. Not tax optimization. Exactly. Or how to account for it. So could you imagine if these guys basically use Doge as a mechanism to shrink the tax code, create a flat tax potentially? I know that that has to be passed by Congress. I understand that.
But the idea of just cutting this all the way down and then finding through that process what you actually need, I think can find America 100, 200 basis points of GDP growth. It could be an economic renaissance.
But the idea of just cutting this all the way down and then finding through that process what you actually need, I think can find America 100, 200 basis points of GDP growth. It could be an economic renaissance.
I think that that's a good idea, but it has to be quarterly. I think that's a good idea, but J. Cal, I think you first have to cancel all these regulations and then say, whatever we need, we will reenact To your point, on a five-year shot clock that then has to be renewed in a new congressional period. And I think that that's extremely healthy. Well, because you know what?
I think that that's a good idea, but it has to be quarterly. I think that's a good idea, but J. Cal, I think you first have to cancel all these regulations and then say, whatever we need, we will reenact To your point, on a five-year shot clock that then has to be renewed in a new congressional period. And I think that that's extremely healthy. Well, because you know what?
Just one last comment. In fairness to these government employees... The one thing is that it's not their fault, meaning in the sense that they were hired into a regime where the incentive was to regulate so that you had things to oversee. And so they did their job. In fact, I would say they did their job incredibly well.
Just one last comment. In fairness to these government employees... The one thing is that it's not their fault, meaning in the sense that they were hired into a regime where the incentive was to regulate so that you had things to oversee. And so they did their job. In fact, I would say they did their job incredibly well.
But the point is that now we need to pivot for them to do a totally different job.
But the point is that now we need to pivot for them to do a totally different job.
The emperor. You know what happened to the 10-year when Elon and Vivek wrote that essay? I actually don't. What happened? Yields contracted by five basis points. You know what the value of that is? A couple billion.
The emperor. You know what happened to the 10-year when Elon and Vivek wrote that essay? I actually don't. What happened? Yields contracted by five basis points. You know what the value of that is? A couple billion.
$15 billion per year. Yeah, yeah. So I think that it was probably a $100 billion essay just writing it.
$15 billion per year. Yeah, yeah. So I think that it was probably a $100 billion essay just writing it.
Forget about the fact... Guys, the essay saved us $100 billion. Just the essay. Thank you. They should write an essay a day.
Forget about the fact... Guys, the essay saved us $100 billion. Just the essay. Thank you. They should write an essay a day.
But Jason, don't you think that that's going to happen no matter what? What? Which part of it? That they're going to say that no matter what. So I actually disagree with the first part of what you said. I agree with you that the media, the mainstream media will try to characterize this as hurting the poor. I agree. And I'm not sure yet whether it's true or not. Yeah.
But Jason, don't you think that that's going to happen no matter what? What? Which part of it? That they're going to say that no matter what. So I actually disagree with the first part of what you said. I agree with you that the media, the mainstream media will try to characterize this as hurting the poor. I agree. And I'm not sure yet whether it's true or not. Yeah.
But I think the first part I disagree with is I don't think they should operate towards consensus. I think that they should do what's right.
But I think the first part I disagree with is I don't think they should operate towards consensus. I think that they should do what's right.